AUD/USD Price Analysis: Holds above the 0.6760 area, investors await Fed decision – by lilyfinancial AUDUSD Majors Technical Analysis
On Wednesday, the Australian Bureau of Statistics reported that the country's rose 0.8% in the second quarter of 2023, compared to a 1.4% increase in the first quarter and the market consensus of 1.0% growth. The pair accelerates declines towards 0.6700 following the data and then recovers some losses as Australian Treasurer Jim Chalmers said there is still a long way to go to combat inflation. Still, it is heading in the right direction.
However, market players await the Federal Open Market Committee meeting and Fed Chairman Jerome Powell's press conference for further guidance for the entire year., the next resistance level would be 0.6800. The mentioned level represents the confluence of a psychological round mark, the upper boundary of the Bollinger Band, and a high of July 25. A break above the latter would expose to 0.6820 , en route to 0.6845 , and finally to 0.6860 .
On the flip side, any extended weakness below the July 25 low of 0.6750 will challenge the next contention at 0.6700 . Further south, the next stop of the AUD/USD is located at 0.6650 . It’s worth noting that the pair's momentum seems to be directionless for the time being as the Relative Strength Index hovers around 50.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
GBP/USD Price Analysis: Two-month-old ascending trend-line holds the key ahead of FOMCGBP/USD Price Analysis: Two-month-old ascending trend-line holds the key ahead of FOMC – by hareshmenghani GBPUSD Fed BOE Technical Analysis Currencies
続きを読む »
AUD/USD fades bounce off 0.6720 support confluence amid bearish options market signalsAUD/USD fades bounce off 0.6720 support confluence amid bearish optimism market signals – by anilpanchal7 AUDUSD Options Markets Technical Analysis RiskAversion
続きを読む »
AUD/USD rises to 0.6770 area on more stimulus promises from China, modest USD downtickAUD/USD rises to 0.6770 area on more stimulus promises from China, modest USD downtick – by hareshmenghani AUDUSD China Fed EconomicIndicator Currencies
続きを読む »
AUD/USD clings to strong intraday gains, flirts with daily peak around 0.6770-75 areaAUD/USD clings to strong intraday gains, flirts with daily peak around 0.6770-75 area – by hareshmenghani AUDUSD China RiskAppetite Fed Currencies
続きを読む »
AUD/USD approaches 0.6800 supported by China’s stimulus, focus shifts to FedThe AUD/USD pair has sensed mild selling pressure after printing a fresh day high at 0.6778 in the European session. The Aussie asset is broadly appro
続きを読む »